Congress made the decision to make the fecal cliff part of the last deal to raise the debt ceiling....Now they caved in to save their own favored spending priorities, which I predicted on day one of the whole fiasco.
And Boner and his neocon ruling class glee club are still a bunch of gutless wankers.
They caved in to save their political ass. If the House had rejected the Senate deal, the market would have started the year with a big sell off, everyone would be looking at big tax increases, economists would be debating how bad the 2013 recession would be and the Tea Party would be about as popular as a bloody case of hemorrhoids.
The situation was indeed unwinnable for the House.
Obama caved on his $250K level demand, and the Republicans - who wanted to protect 100% of us from the tax hikes - successfully protected 99.4% of us from the tax hike.
Obama had successfully included the 'middle class' in his class warfare against Republicans, thanks to the uncertainty surrounding these tax cuts.
Now that the 'middle class' has their protections, the conversation gets shifted to spending.
Human nature being what it is, the 'middle class' (who got theirs) is much less inclined to roil about the next phase where the House Republicans are MUCH better positioned to make their stand - spending cuts to freeloaders.
